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Group Life Insurance
Manage episode 440666628 series 2867124
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Hi everyone, I am back with an episode on group life insurance to talk through the key things to know when you are advising on this product. Group life insurance is very technical and it’s not possible to cover everything in this episode, but you will get a better understanding of what to watch out for as an adviser.
The key takeaways:
- You can insure everyone or specific groups with group life insurance, you do not need to insure all employees but you must be mindful of anti-selection
- The differences of registered and excepted group life insurance
- A case study of group life insurance for a firm with 79 employees
I will be back next time with Matt Rann and we will be talking about fibromyalgia and protection insurance.
Remember, if you are listening to this as part of your work, you can claim a CPD certificate on our website, thanks to our sponsors Octo Members.
If you want to know more about how to arrange protection insurance, take a look at my 13 hour CPD Protection Insurance in Practice course here and 1 hour CPD Protection Competency Exam here.
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